The China-led Asian Infrastructure Investment bank (AIIB) has approved the first set of loans totaling US 509 million dollar to finance projects in four countries viz. Bangladesh, Pakistan, Indonesia and Tajikistan. At what interest rate they will repay to AIIB?

The China-led Asian Infrastructure Investment bank (AIIB) has approved

1.	The China-led Asian Infrastructure Investment bank (AIIB) has approved the first set of loans totaling US 509 million dollar to finance projects in four countries viz. Bangladesh, Pakistan, Indonesia and Tajikistan. At what interest rate they will repay to AIIB?
Answer» (a) 0.015 (B) 0.0225 (C) 0.0115 (d) 0.025 Answer :C